1) Depositor Details


  • Entity:


  • Contact:

    Thomas Banda
  • Physical Address:

    Chilanga,T/A Kaomba
  • Postal Address:

    Box 137,Kasungu
  • Tel:

    265999801923
  • Fax:


  • Email:

    client@aceafrica.org

2) Warehouse details


  • Warehouse Name:

    Chilanga Warehouse
  • Warehouse Manager:

    Omnings Mkwala
  • Warehouse Operator:

    Chilanga Farmers Trust
  • Warehouse Number:

    ChilangaWH
  • Location:

    KASUNGU
  • Fax:


  • Email:

    omkwala@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    17.29  MT
  • Total Draw Down:

    23.27 MT
  • Volume at Current Moisture:

    16.54 MT at 11.30 %
  • Volume loss at current Moisture:

    0.97 MT
  • Volume at Standard Moisture:

    16.74 MT

4) Storage Cost as of  24 Apr 2018


Cost codeCost (MWK)
Fixed Handling44,459.76
Bags and Bagging113,001.89
Daily Storage Fee693,005.76
Total850,467.41

Storage settled till : 24/04/2018
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Assigned

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
07/08/2017WHR CreatedThomas Banda5.84
08/08/2017Additional VolumeThomas Banda1.96
09/08/2017Additional VolumeThomas Banda1.23
09/08/2017Additional VolumeThomas Banda1.23
23/08/2017Additional VolumeThomas Banda10.95
04/09/2017Additional VolumeThomas Banda2.06
02/10/2017Additional VolumeThomas Banda17.29
22/02/2018Drawndown VolumeThomas Banda20.00
14/04/2018Drawndown VolumeThomas Banda3.27
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204